Expanders

04/15/2026

A healthy P&L is a common trap for business owners. They see growing EBITDA and confuse profitability with liquidity and spend money only to find the bank account empty when payroll is due. Here is why focusing on it over cash flow leads to tragic outcomes.

A trap for business owners is seeing healthy EBITDA and overspending because they confuse profitability with liquidity. Don't let this be you.

01/23/2026

Did you hear about the no taxes on OT earned in 2025?

No Tax on Overtime. Section 225(a) provides for a deduction in an amount equal to the qualified overtime compensation not to exceed $12,500 per return ($25,000 in the case of a joint return) in a tax year.

11/20/2025

The Small Business Economic Trends survey showed a 0.6-point decline in the Optimism Index for October. 32% of owners reported job openings they could not fill in the current period. 26% reported raising compensation. You can read more details in the document.

The Small Business Economic Trends survey showed a 0.6-point decline in the Optimism Index for October, due to a deterioration in earnings.

04/23/2025

Selling a construction business in Ohio is a significant milestone for successful owners that requires a strategic company transition plan. Whether you want to explore new opportunities or retire by cashing out on years of hard work, creating a smooth transition is essential to maximizing value and securing the right buyer. This guide outlines five critical aspects of company transition planning to help construction trade business owners with $1M–$5M in revenue successfully navigate the sale process.

https://www.expanderscos.com/selling-a-construction-business-in-ohio-company-transition-plan/

Selling a construction business in Ohio is a significant milestone for successful owners, requiring a transition plan to maximize value.

04/15/2025

On this Tax Day, the Internal Revenue Service marks the 70th Anniversary of the April 15 federal income tax filing deadline. Since 1955, April 15 has been the annual deadline for millions of Americans to file their federal income tax returns. You can file until midnight tonight. Those who need more time can still request an extension until October 15, though any taxes owed must be paid by April 15 to avoid penalties and interest. The extension link is listed here: https://www.irs.gov/forms-pubs/about-form-4868

03/31/2025

When Ohio business owners sell their companies, taxes on capital gains can significantly reduce the wealth they retain. This article explains capital gains on the sale of a business, how transactions are taxed in Ohio, and considerations for taking advantage of the lower tax rates.

Taxes on capital gains can significantly reduce wealth for Ohio business owners selling their companies. Learn how to keep more proceeds.

03/19/2025

Preparing To Sell Your Business in Ohio: A Practical Guide.
You can position your business for a successful sale in Ohio.

Preparing your business operations for sale in Ohio is crucial to maximize its value and attracting the right buyer. This guide will help you.

03/06/2025

I'm really looking forward to Mayor Lee Gray's and a Township Trustee's updates on the City of Pickerington and Violet Township, respectively.

A huge THANK YOU to our Corporate Sponsors—and all of our sponsors—for their incredible support of the State of Pickerington. Your sponsorship allows us to create a more imPACCful event. We’re grateful for your partnership! [Registrations are now closed.]

03/06/2025

No enforcement actions against any companies based on failure to file or update beneficial ownership information (BOI) reports per the Corporate Transparency Act by the current deadlines.

WASHINGTON––Today, FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines....

12/20/2024

Transitioning out of the business you built is a significant milestone. It’s not just about stepping into retirement but also ensuring your legacy continues as you find the right path forward. This article outlines a step-by-step approach to preparing your business for the future and ensuring a smooth transition.

12/06/2024

A federal court issued a preliminary injunction to block the enforcement of The Corporate Transparency Act. That law would have required more than 32 million small businesses to submit the personally identifiable information of each beneficial owner to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) by the end of December.

The U.S. District Court for the Eastern District of Texas blocked enforcement of the beneficial ownership information (BOI) reporting requirements.